Russneft agrees $6.2 bln debt restructuring

Russian mid-sized oil company Russneft has agreed to extend to 2020 repayment of a $6.2 billion debt with its main lenders Sberbank, the country's largest bank, and Glencore International AG  and cut the interest rate to 9% from 12%, Russneft said on Wednesday.
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Source: RIA Novosti